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Stock Market & Financial Investment News

News Breaks
December 7, 2012
07:55 EDTTSO, TSO, TSOTesoro to host analyst and investor meeting
Analyst and Investor Meeting to be held in New York on December 12 at 8:30 am. Webcast Link
News For TSO From The Last 14 Days
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May 17, 2013
16:21 EDTTSOOn The Fly: Closing Wrap
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13:18 EDTTSOTesoro, Tesoro Logistics in $640M deal for Carson logistics assets
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13:11 EDTTSOTesoro sees BP deal adding 50c to FY13 EPS
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13:09 EDTTSOTesoro receives FTC clearance for purchase of BP refining, marketing business
Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities.
May 16, 2013
14:46 EDTTSOTesoro may take over BP California assets as soon as June 1, Reuters says
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14:32 EDTTSOTesoro may take ownership of BP Carson refinery, other assets as soon as June 1
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07:37 EDTTSOMorgan Stanley to host a conference
Refining Corporate Access Day is being held in New York on May 16.
May 15, 2013
17:26 EDTTSOThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
17:18 EDTTSOBP Capital gives quarterly update on stakes
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May 10, 2013
11:47 EDTTSOStocks with call strike movement; TSO NFLX
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May 8, 2013
07:11 EDTTSOTesoro May volatility elevated at 56
Tesoro May call option implied volatility is at 56, June is at 44, August is at 41; compared to its 26-week average of 40 according to Track Data, suggesting large near term price movement.

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